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A comment on S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic. Parent comment

Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by MichaelDickens on Saturday June 06, 2026 @10:02AM (#48425255)
What do you mean "better profitability criteria"? I don't want an index to exclude companies on the basis of profitability. I want it to hold the market.

(I also don't want them to create special exceptions. The S&P 500 has pre-existing inclusion criteria, and I'm glad they're sticking to their rules.)

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by quickthrowman on Saturday June 06, 2026 @10:56AM (#48425696)
> What do you mean "better profitability criteria"? I don't want an index to exclude companies on the basis of profitability. I want it to hold the market.

OK, then put your money in VTI/VTSAX instead of a S&P 500 fund. I own some VTI and also some FXAIX, you can do the same thing and choose which index to buy.

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by lazide on Saturday June 06, 2026 @10:18AM (#48425372)
Every index has criteria, usually somewhat unique, or there would be no marketable difference between them?
[ Parent | on HN ]